Dear students, Here we are providing 15 questions from Profit And Loss. Practice more and Fulfill all your dreams of getting a government job. Best of luck.
Q1. While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be?
(a) 30%
(b) 42 (1/7)%
(c) 40%
(d) 42 (6⁄7)%
Q2. A merchant purchases a wrist watch for Rs. 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then the list price of the watch is?
(a) Rs. 650
(b) Rs. 700
(c) Rs. 550
(d) Rs. 600
Q3. Pooja wants to sell a watch at a profit of 20%. She bought it at 10% less and sold it at Rs. 30 less, but still she gained 20%. The cost price of watch is?
(a) Rs. 240
(b) Rs. 220
(c) Rs. 250
(d) Rs. 225
Q4. A fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charges Re. 1 more on each mango, he would gain 50%. At first the price of one mango was?
(a) Rs. 5
(b) Rs. 7
(c) Rs. 4
(d) Rs. 6
Q5. A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is?
(a) 99 : 125
(b) 25 : 37
(c) 50 : 61
(d) 45 : 56
Q6. An article was sold at a profit of 12%. If the cost price would be 10% less and selling price would be Rs. 5.75 more, there would be profit of 30%. Then at what price it should be sold to make a profit of 20%?
(a) Rs. 115
(b) Rs. 120
(c) Rs. 138
(d) Rs. 215
Q7. The cost price of an article is Rs. 800. After allowing a discount of 10%, a gain of 12.5% was made. Then the marked price of the article is?
(a) Rs. 1,000
(b) Rs. 1,100
(c) Rs. 1,200
(d) Rs. 1,300
Q8. The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is increased by 20%, the profit doubles. If original marked price is Rs. 300, then original selling price is?
(a) Rs. 200
(b) Rs. 250
(c) Rs. 240
(d) Rs. 275
Q9. Krishna purchased a number of articles at Rs. 10 for each and the same number for Rs. 14 each. He mixed them together and sold them for Rs. 13 each. Then his gain or loss percent is?
(a) Loss 8⅓%
(b) Gain 8⅔%
(c) Loss 8⅔%
(d) Gain 8⅓%
Q10. The difference between a discount of 30% and two successive discounts of 20% and 10% on the marked price of an article is Rs. 144. The marked price of the article is?
(a) Rs 7200
(b) Rs 7400
(c) Rs 7500
(d) Rs 7000
Q11. How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price?
(a) 50%
(b) 40%
(c) 60%
(d) 45%
Q12. A man sells his goods at 25% profit. Had he purchased it for Rs 900 less & sold it for Rs 900 Less then he would gain 5% more profit. Find the initial cost price?
(a) 4800 Rs
(b) 5400 Rs
(c) 6000 Rs
(d) 8000 Rs
Q13. A man sells his goods at 10% profit. Had he purchased it for 20% less and sold it for Rs 20 more than before, he would gain 40%. Find the initial C.P?
(a) 2000 Rs
(b) 3000 Rs
(c) 1000 Rs
(d) 1500 Rs
Q14. A discount shopkeeper makes a cheating of 20% at the time of buying the goods & 40% cheating at the time of selling the goods , he promises to sell his goods at 10% loss. Find the profit percent?
(a) 90%
(b) 80%
(c) 70%
(d) 60%
Q15. By selling 32 oranges for Rs 1 a man losses 40%. How many for a rupee did he sell to earn 20% ?
(a) 15
(b) 17
(c) 19
(d) 16
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